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Sioux City, Iowa, US
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Logbook loans signal increasing debt risk
Mon, 23 Jun 2014CONSUMERS who buy second-hand cars are at risk of unwittingly inheriting debts taken out by the previous owner that could end up with their vehicle being seized, Citizens' Advice is warning. The charity said one in five people who reported a problem to it about “logbook loans”, where a person places their car as security against a loan, ended up having their car repossessed – despite not being the one who borrowed the money. Citizens' Advice warned someone who buys a car which is still the subject of an outstanding logbook loan taken out by a previous owner could end up being chased for the debt – leaving them with the choice of making the repayments or having their vehicle repossessed.
Ford to reveal design concept, Focus performance variant at Frankfurt
Wed, 03 Aug 2011Ford is staging four global reveals in September at the Frankfurt motor show, including a design concept and performance news related to the Focus. Spokespeople at Ford declined to offer specifics, but the cars will be rolled out on Sept. 12 to the media, ahead of a public unveiling.
Volvo reveals safety kit on 2015 XC90 SUV
Tue, 22 Jul 2014By John Mahoney Motor Industry 22 July 2014 10:34 Volvo claims the all-new XC90 that will be revealed in late August will be one of the safest cars money can buy thanks to pioneering new safety technology. So far the Swedish carmaker has teased us with designer sketches of how the seven-seat crossover will look, told us how it will be offered with a 395bhp plug-in hybrid that emits just 60g/km of CO2 and released official pictures of the production XC90’s interior. Now it’s time for the Volvo publicity machine to tell us about the novel new safety tech that will protect us from ourselves and this includes two claimed world firsts.